ASK LEO: IS THE BEAR MARKET THE PERIOD TO HOLD YOUR CRYPTOCURRENCY INVESTMENT?

avatar

3_20220907_051311_0002.png

As it's advisable that Investors should not invest during the bull market,the same thing is said to be advised that selling the bear market is not a good move. It's an investment blunder for any Investor to think of investing when the rate of the cryptocurrency is high or is in the green zone. There is usually a time to sell and time to hold your coin. Specifically, the bear market is known to be a period to hold until when the bull market shows it face.

Even at that, bear market is only period to hold your coin,but a period many people start up their Investment with cryptocurrency. That's the Investment part of cryptocurrency. Bear market is the 20% decrease in the rate of cryptocurrency price which literally indicates to hold until the market rebounds.

Though if I must say it's easy for some Investors to hold their coin during bear market,this is because they have different source of income such that where money is coming in for them is many. So they don't see their cryptocurrency investment as the only source where they can fall back when they have any financial set back. It's easy for hold during bear market if different source of income is available.


Thanks for stopping by to view my blog. Please do have a wonderful day ahead.@peterale cares🤭

Posted Using LeoFinance Beta



0
0
0.000
2 comments
avatar

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 122 of my contest just started...you can now check the winners of the previous week!
10

0
0
0.000
avatar

Congratulations @peterale! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You made more than 1000 comments.
Your next target is to reach 1500 comments.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

Our Hive Power Delegations to the August PUM Winners
Feedback from the September 1st Hive Power Up Day
Hive Power Up Month Challenge 2022-08 - Winners List
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000